True Anomaly, a Centennial-based space technology company, announced its Series D raise, bringing in $650 million in financing led by Eclipse and Riot Ventures. Alongside equity, this round encompasses $50 million in debt financing from Stifel Bank.
Building solutions for the U.S. and its allies, True Anomaly develops autonomous spacecraft, advanced payloads, mission software and space-based interceptors. It aims to help the nation gain an advantage over adversaries in the space domain by making hostile action in space unjustifiably costly, thus deterring aggression.
“Space superiority is no longer theoretical. It is a requirement for the Joint Forces to be able to operate freely in any domain,” Even Rogers, True Anomaly’s CEO and co-founder, said in a statement. “The doctrine and capabilities required for space superiority are nascent, and industry’s bias towards ‘dual use’ platforms is rendering combat effects against modern threats underserved and unsustainable. This capital, as with all of our funding rounds, will be invested entirely in space dominance at scale.”
Equipped with its new capital, True Anomaly plans to accelerate product delivery, including for its autonomous orbital vehicle, Jackal, and its mission autonomy software platform, Mosaic. The company will also grow its team to encompass more than 500 employees by the end of 2026 and expand its products and manufacturing capabilities.
